LONDON Oil prices ticked up on Thursday but struggled to recover fully from the previous session's losses when higher U.S. gasoline inventories signalled a deteriorating demand outlook as coronavirus cases soar.
LONDON Solar power developer Lightsource BP has generated returns of 10% and more on projects, its chief executive told Reuters as investors fret over joint owner BP's plan to switch away from oil and gas to renewables.
LONDON, Oct 22 Solar power developer Lightsource
BP has generated returns of 10% and more on projects, its chief
executive told Reuters as investors fret over joint owner BP's
plan to switch away from oil and gas to renewables.
DUBAI/LONDON The energy minister from the United Arab Emirates (UAE) said on Tuesday that OPEC+ oil producers will stick to their plans to taper oil production cuts from January.
* Norway strike could cut 934,000 boepd if extends to Oct.
LONDON Oil prices inched up on Friday, setting both benchmark contracts on track for their biggest weekly gains since early June, on the back of supply outages caused by a storm in the Gulf of Mexico and a strike of offshore workers in Norway.
LONDON, Oct 6 Premier Oil's takeover by private
equity-backed Chrysaor marks the end of an 86-year oil
wildcatter and could herald wider consolidation provided there
are willing buyers in a sector whose outlook is highly
LONDON Private equity-backed Chrysaor has agreed a reverse takeover of Premier Oil , the firms said on Tuesday, creating the British North Sea's largest oil and gas producer at a time the sector is facing a sharp decline in demand.
* Little interest in debt auction at 72 cents/dollar -source
(Adds detail on ARCM debt auction, alternative deal)
LONDON, Sept 9 Tullow Oil is exploring
ways to fend off a potential cash crunch as the London-listed
group reported a $1.3 billion loss after it was forced to write
down $1.4 bln due to collapsing demand for oil.